According to the efficient market hypothesis, any future expected dividends will already be factored into a stock’s price, and any rental income is already factored into the price of real estate.
There’s no free lunch.
There’s no such thing as passive income.
It’s actively creating more errors than corrections nowadays.
Anyone notice the autocorrect has gotten drastically worse on iPhone within the last one or two updates?
“What is happiness? A moment before you need more happiness.” 
It’s comforting that this is considered a serious pullback for us.
My favorite Olympic sports are gaslighting, grifting, and goalpost shifting.
Make it small puffs of flavored air, delivered by an electric device. 👌
I gotta get into the bottled water business, the profit margin on that stuff must be enormous.
1. The entire premise of him having a “rich dad” aka mentor is a lie.
2. Kiyosaki wasn’t actually wealthy or successful before he published the book, so his life story is a lie.
3. There’s no firm, actionable advice in the book, mostly motivational talk.
3. What little advice he gives is vague, like “invest in real estate.”
4. He used the book as a way to build up his fame and then start selling expensive get rich quick seminars.
Rich Dad, Poor Dad is the worst book I’ve ever read, bar none.
stay humble
Today is likely the last day of the pre-ETF era.
For 15 years, we've been studying Bitcoin, stacking sats, and orange pilling those around us.
Some of us got here earlier than others, but we all have one thing in common: we found #Bitcoin before the suits.
As the world shifts its focus to Bitcoin, remember why you're here. Remember the core values that brought you to Bitcoin. Remember why Bitcoin gives you hope for a better world.
Many are worried that a Bitcoin ETF will be bad for Bitcoin, or worse: kill it. But if there's one thing I've learned since I started studying Bitcoin, it's that it can't be stopped.
The beauty of Bitcoin is that it's permissionless. You don't have to ask for permission to access your money. You don't need a bank or a middleman to scam you with fees.
But it works the other way too. Because Bitcoin is permissionless, Blackrock doesn't need permission to use it. Even if they're using it in a way that removes all the freedom benefits and tacks on an annual fee.
In the post-ETF era, many more people will begin to use Bitcoin. Maybe they'll see a nostr:npub1kns8r25ppwc2vpsv5cvhlpk94nfad76k64pkdzfnn704th2hmcksgq3582 sign in public. Maybe they'll go to a meetup near you. But no matter how they find Bitcoin, they don't need permission to use it.
It has been a pleasure frontrunning the suits with every single one of you. They may expect us to sell when they pump the price.
But there's one thing they don't know that we do: Bitcoin is better money.
We're not here to gain more fiat. We're here to build a better world.
ONWARD!
I hope the ETF & associated NGU inspires people to dive into bitcoin self-custody and privacy.
Every problem has a solution. And if it doesn’t, you’re fucked anyway, so why worry about it?
Only the paranoid survive.
When I was a kid, there was a Chinese to-go place back home called Chinee Takee Outee. I still chuckle when I think of it.
But if the IRS had to calculate the tax obligations for millions of Americans themselves, that would incentivize them to simplify the tax code.
The fact that the IRS requires us to tell them how much we owe them, and then penalizes us if we get that amount wrong is pure insanity.
